Looking to diversify beyond ZEMIX? The mutual funds below have historically moved differently from ZEMIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ZEMIX
1 mutual funds have low correlation with ZEMIX (below 0.3), 0 of which are negatively correlated. The least correlated is The Cook & Bynum Fund (COBYX) (Emerging Markets Equities) with a 1Y correlation of 0.20, down from 0.40 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| The Cook & Bynum Fund | 0.20 | 0.32 | 0.40 | 66 | Emerging Markets Equities | ZEMIX vs COBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.41 | 0.59 | 0.66 | 92 | Emerging Markets Equities | ZEMIX vs ESCIX | |
| Amana Mutual Funds Trust Developing World Fund | 0.73 | 0.72 | 0.74 | 68 | Emerging Markets Equities | ZEMIX vs AMDWX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 0.74 | 0.79 | 0.81 | 76 | Emerging Markets Equities | ZEMIX vs SFENX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.78 | 0.80 | 0.83 | 77 | Emerging Markets Equities | ZEMIX vs EMPTX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ZEMIX
Add ZEMIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZEMIX